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December 2024 - Page 9 of 9 - Parliament Reports

REVENUE LEAKAGES: Reps to probe NNPCL over N10trn subsidy claim

The representatives also resolved to probe revenue-generating agencies for non-remittance of funds to government coffers and other revenue leakages as provided in the Fiscal Responsibility Act, 2007. The House of Representatives has proposed punitive measures against Ministries, Departments and Agencies (MDAs) of the government that are in clear contravention of the Fiscal Responsibility Act (FRA), 2007. Specifically, the House decried the non-remittance of operating surpluses into the federation account by the Nigeria National Petroleum Company...

HallowMace, NILDS Hold Discussion on CNG Transition

The transition to Compressed Natural Gas (CNG) has become a focal point of discussion across various sectors in Nigeria. This evolving agenda has sparked diverse debates regarding its benefits and challenges, leading to speculation about what is truly at stake.   In an effort to contribute to this important dialogue, the HallowMace Foundation Africa, in collaboration with the National Institute for Legislative and Democratic Studies (NILDS), organized the 6th edition of its National Legislative Conference....

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